Anything graphite based, CCB, Zen and hopefully much more. Message Board

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Gold/Mining/Energy : Anything graphite based, CCB, Zen and hopefully much more.

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jiggydo

To: stuffbug who wrote (374)	6/6/2018 10:25:28 AM
From: Fact Czecher	1 Recommendation Read Replies (1) of 2618

Stuffbug posted: Zenyatta closed at $1.98 on June 1st, 2015. Since then, it has never printed a higher price. Is it just a coincidence that was also the date of the PEA news release? Stuffbug - In any discussion of ZEN's 43-101 compliant filings and its effect on the Share Price, it is useful to look even further back in time. On Dec 2, 2013 ZEN released the summary of its Resource Estimate. It opened at $3.10 and closed at $2.10 the same day - DOWN $1.00 (32.25%) in 1 Day 6 weeks later on Jan 16, 2014 ZEN filed the RE to SEDAR. It opened at $2.15 and closed at $1.92 on Jan 17 - DOWN $.023 (10.7%) in 2 Days On Jun 1, 2015 ZEN released the summary of its PEA. It opened at $2.37 and closed at $1.51 on Jun 4 - DOWN $0.86 (36.3%) in 4 Days 6 weeks later on Jul 13, 2015 ZEN filed the PEA to SEDAR. It opened at 1.36 and closed at $1.24 on Jul 14 - DOWN $.013 (9.5%) in 2 Days The information and data contained in the above 2 documents are the only things that we, (including all ZEN retail shareholders) KNOW with any certainty about ZEN's Property, Process and Product. As you can see by the Share Price movement, the Market in general (excluding the Pumpers who celebrated them) viewed both documents as disastrous. In the 19 month period that the 2 documents were released, ZEN's SP fell from $3.10 to $1.24 - That is a 60% DROP. Of course lack of any progress towards development since then has seen a further drop of an additional 60% to the $0.50 range The 2 documents were prepared by an independent 3rd party and are entirely believable except for one piece of data. The PEA clearly states that the Graphite Price Sheet was supplied by Zenyatta. So the source of the $7,500/tonne wet dream was none other than ZEN itself. It is from the same source and falls into the same category as the infamous "Production in 2018". It was outdated and unrealistic then and is laughable now.

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